Actuarial Systems Product Owner

We are looking for an Actuarial Systems Product Owner to join our Actuarial Systems team, and to work on the design and architecture of FIS Insurance Risk Suite.

We sit at the forefront of the Insurance modelling industry and empower insurers and reinsurers around the world with the tools and services they need to reliably manage their risks. We are looking for a candidate with a background in product ownership or business analysis, and financial, ideally Insurance and reporting.

In the Actuarial Systems team, you will work with world-leading developers, business analysts, product owners and product managers to design new features and functionality for the suite of Prophet products, which will help keep Prophet at the forefront of technological excellence, whilst building an understanding of technology, insurance products and regulatory developments affecting the insurance industry worldwide.

As the Product Owner for Data and Process products, you will be expected to engage with senior management and stakeholders to ascertain specific deliverables, manage the product backlog and work with internal development teams to deliver the functionality required. You will have an interest in emerging technologies, how regulatory change affects insurance companies and how insurance companies use actuarial results and processes in their business. It is expected that you may also be involved in other areas of the Prophet business - the extent of involvement will depend on the communication skills, proficiency with Prophet, business knowledge and personal desire of the candidate to participate in these client-facing activities.

What you will be doing:

· Specifying new enhancements to the Prophet data and process applications in response to industry developments and product management direction to better meet customer needs.

· Ensuring the requirements meet business approval. Communicate the requirements to relevant parties to ensure that the team fully understands the needs.

· Understanding project priorities ensuring that the most important aspects are delivered to a good quality.

· Understanding the potential impact of the changes to the wider system.

· Ensuring all parties fully understand the requirements and contribute to the design and architecture of the Prophet applications, working alongside internal development teams.

· Supporting development teams within an Agile framework as a Product Owner and technical expert and providing feedback on whether developed functionality meets expectations.

· Understanding the project backlog fully to prioritize work and to understand where issues may occur. Where appropriate, look for solutions to any relevant project issues.

· Organizing training, communications and workshops to ensure that all internal teams understand new developments. Work with them to understand impact to working practices and look at solutions to mitigate impact internally and externally.

· Problem solving and providing solutions to technical challenges with the aim of becoming a subject matter expert on core Prophet products.

· Guiding the team on technical issues. If not proficient in that area investigate other ways to fill the technical gap.

· Supporting helpdesk teams with escalated client queries ensuring quality, accurate and professional answers are given from the team.

· Communicating new Prophet functionality to colleagues and customers worldwide.

What you bring:

· A track record of collaborative work with product management and development teams

· Ability to adapt to changing project priorities and needs

· A track record of working to deadlines, and escalating and resolving risks and issues

· Experience in understanding industry and client needs, and innovation to discover potential solutions

· Understanding of current technological tools, such as cloud and database technologies

Added bonus if you have:

· Knowledge of risk-based actuarial reporting, including Solvency II and IFRS 17

· Actuarial qualifications

· Knowledge of insurance and regulatory developments in UK, Continental European and global markets

· Project Management experience, including Agile methodologies and tools

· VBA, R, C#, C++ or other programming languages

· Experience of systems integration

· Application design and development tools, e.g. Visual Studio, Balsamiq

What we offer you:

• A work environment built on collaboration, flexibility and respect

• Competitive salary and attractive range of benefits designed to help support your lifestyle and wellbeing (including private healthcare, 27 days of vacation, work from home - 2 times a week etc.)

• Varied and challenging work to help you grow your technical skillset

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Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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